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Exercise 1-11 Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6) Harts Company manufactures and sells a single product. A partially completed schedule of the company's

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Exercise 1-11 Cost Behavior; Contribution Format Income Statement [LO1-4, LO1-6) Harts Company manufactures and sells a single product. A partially completed schedule of the company's total costs ana costs per unit over the relevant range of 57,000 to 97000 units is given below Required 1. Complete the schedule of the company's total costs and costs per unit as given in the relevant tab below 2. Assume that the company produces and sells 87000 units during the year at a selling price of $917 per unit. Prepare a contribution format income statement for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the schedule of the company's total costs and costs per unit as aiven in the relevant tab below. (Round the per unit Round the per unit Complete the schedule of the company's total costs and costs per unit as given in th variable cost and fixed cost to 2 decimal places.) Units Produced and Sold 57,000 7,000 Total costs Variable cost Fixed cost 125,400 460,000 585,400 $ Total costs Cost per unit Variable cost Fixed cost Total cost per unit 0.00 S 000 S 0.00 Assume that the company produces and sells 87,000 units during the year at a selling price of $9.17 per unit. Prepare a contribution format income statement for the year Harris Company ontribution Format Income Statement

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